According to the report, the global energy efficiency in commercial buildings market is expected to expand at a CAGR of 12.0 pct between 2019 and 2025. By the end of 2025, the global market value is projected to reach above $60 billion, an increase over its 2018 $25 billion mark.
The report covers leading players in the global energy efficiency in commercial buildings market, including Johnson Controls, Logical Buildings, Siemens, Honeywell, Cylon Controls, Eaton Corporation, Spacewell, Carrier (UTC), Coolnomix, Schneider Electric, GridPoint, Fujitsu General, Technovator International, Emerson Electric, Danfoss, General Electric, Carel, Trane, Hitachi, and Bosch Thermotechnology.
On the basis of product type, the market is segmented into energy management, lighting, and HVAC. The authors of the report have also segmented the global energy efficiency in commercial buildings market into schools, hospitals, stadiums, shopping malls, retain chains, offices, and hotels and others.
Eaton's research will focus on developing a real-time controller for behind-the-meter distributed energy resources and loads, such as solar generation and battery storage. The project will integrate data from smart meters to enable enhanced grid services that improve reliability in distribution systems with high solar penetration.
The National Renewable Energy Laboratory, Electric Power Research Institute, Pecan Street, Provo City Power and Commonwealth Edison will participate in Eaton's research. m will work with existing utility infrastructure.
SETO supports early-stage R&D to improve the affordability, reliability, and performance of solar technologies on the grid.
(Source: Eaton, PR, BusinessWire, 19 Dec., 2019) Contact: Eaton, Cara Klaer, Media, (248) 226-1755, CaraLKlaer@eaton.com, www.eaton.com; DOE Solar Energy Technologies Office, www.energy.gov/eere/solar/solar-energy-technologies-office
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